We work on concession contracts in the Irish Sea and the North Sea off England. We are an operator with shares in four production areas, among them Liverpool Bay (100%) and Hewett Area (89.3%). The other main fields are Elgin/Franklin (21.87%), Glenelg (8%), J-Block and Jasmine (33%) and Jade (7%). Development activities mainly concerned Elgin/ Franklin and Joanne and Jasmine fields with the drilling of four new wells in production and we hold interest in 15 exploration licenses, 12 of these are operated, with interest ranging from 9% to 100%.
In January 2021 we announced the successful award of a new Production Licence, resulting from an application made in the 32nd UK Offshore Licensing Round. The Licence, named P2511, covers an area of approximately 340 square kilometres and is located approximately 250 km offshore UK in the Northern North Sea. It is situated near the UK/Norwegian border where several significant discoveries were recently made. The Licence has an Initial Exploration Term of six years. Eni UK will assume the role of operator with a 100% participating interest.